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Business Bankruptcy Law Lawyers In Waterbury Connecticut

Waterbury (nicknamed the "Brass City") is a city in New Haven County, Connecticut, on the Naugatuck River, 33 miles (53 km) southwest of Hartford and 77 miles (124 km) northeast of New York City. As of 2005 Census Bureau estimates, the city had a total population of 107,902 and is the fifth-largest city in Connecticut and the second largest city in New Haven County. Throughout the first half of the 20th century Waterbury had large industrial interests and was the leading center in the United States for the manufacture of brassware (including castings and finishings), as reflected in the nickname the "Brass City" and the city's motto Quid Aere Perennius? ("What Is More Lasting Than Brass?"), which echoes the Latin of Horace's Ode 3.30. It was noted for the manufacture of watches and clocks. The city is located along Interstate 84 and has a Metro North railroad station. It is also home to Post University and a regional campus of the University of Connecticut.

What is business bankruptcy law?

Business Bankruptcy involves the legal process that insolvent businesses take to insure fairness and equality upon creditors and to help the debtor company start anew with the property the company is allowed to keep without being hampered by their liabilities. Business Bankruptcy attorneys advise on debt relief options and guide companies through each phase of a federal bankruptcy filing -- including Chapter 7 bankruptcy debt discharge plans and Chapter 11 bankruptcy debt reorganization plans. Bankruptcy attorneys may also represent creditors seeking to have their rights enforced in connection with the bankruptcy reorganization of a debtor.

Personal Bankruptcy attorneys also advise on debt relief options and guide individuals through each phase of a federal bankruptcy filing.

Answers to business bankruptcy law issues in Connecticut

There are six basic types of bankruptcy cases provided for under the Bankruptcy Code, each of which is discussed...

Official Bankruptcy Forms must be used to file and take action in bankruptcy cases. Procedural Forms also may be...

Chapter 7 of the Bankruptcy Code provides for "liquidation," ( i.e., the sale of a debtor's nonexempt property and...

Chapter 9 of the Bankruptcy Code provides for reorganization of municipalities (which includes cities and towns, as...

Chapter 11 of the Bankruptcy Code provides (generally) for reorganization, usually involving a corporation or...

Chapter 12 of the Bankruptcy Code provides for adjustment of debts of a "family farmer," or a "family fisherman" as...

Chapter 15 is a new chapter added to the Bankruptcy Code by the Bankruptcy Abuse Prevention and Consumer Protection...

Although the Bankruptcy Code provides for a stockbroker liquidation proceeding (11 U.S.C. ยง 741 et seq.), it is far...

Most debtors who file a bankruptcy petition, and many of their creditors, know very little about the bankruptcy...

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...

Federal court opinions concerning business bankruptcy law in Connecticut